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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

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Question 1

A new Team Leader in Internal Audit has been asking team members about tasks that they do not think are part of their responsibility as they go beyond compliance with legislation. You are preparing a response to this to include an explanation of the requirements of a social audit. Which of the following would you include in your response?

 

Select ALL that apply.

Options:

A.

Observance of equal opportunities beyond that required by legislation

B.

Ethical investment decisions

C.

Use of sustainable raw materials

D.

Adequacy of audit trail

E.

Existing and potential management weaknesses and ways to rectify them

F.

Operation of risk management process(es)

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Question 2

You need to select potential candidates for the role of an office manager in a very busy office. An assessment centre has been organised to overcome the shortcomings associated with other selection techniques. Which of the following activities would be most suitable to assess candidates for the role of Office Manager?

Options:

A.

In-tray exercises

B.

A speech

C.

Self-appraisal

D.

A presentation

Question 3

The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?

Options:

A.

Costs of maintaining and reconciling ledgers can be reduced

B.

Transactions are recorded by a sole participant

C.

It will be easy to understand and work with.

D.

Records can be easily changed and amended

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